EVENING. Business.

Overseas alliance, maybe: Sprint Corp., only a day after...

June 07, 1994

Overseas alliance, maybe: Sprint Corp., only a day after the collapse of a planned merger with computer services giant Electronic Data Systems Inc., said Tuesday it is discussing what it called "a global partnership" with France Telecom and Deutsche Telecom. Kansas City-based Sprint said the discussions envision France Telecom and Deutsche Telekom's investing in a new class of Sprint common stock. Sprint said some issues remain unresolved, and "there is no certainty that agreement will be reached."